Rosebank, Jackdaw climate costs 4-12x their £28.7bn benefit — SkimNews
Get the Energy newsletter
Daily energy & climate — solar, EVs, oil, the policy fights and tech bets shaping the transition. Free.
- Luke Hatton at Imperial College London estimated the climate damage from burning oil and gas produced at Rosebank and Jackdaw would reach £119bn–£336bn by 2100, compared with the £28.7bn value the fields would deliver to the UK per developer Adura.
Why it matters: If approved, Rosebank alone accounts for roughly 88% of projected climate damages, and even under conservative production estimates just 6% of the higher-end damage falling on the UK would erase the fields' claimed domestic gains — handing Keir Starmer's government a quantifiable reason to reject the application or face a Labour backbench revolt.
Ask SkimNews
